Real Estate Business
October 20, 2015
A Numbers Game This year’s third quarter provides a great illustration of individual market forces, but what you see on the surface does not necessarily provide the whole story. So let’s look behind the scenes at what’s going on. At the end of June when we closed out the second quarter, […]
August 10, 2015
A Wild Ride We hope everyone has been holding on, because the past six months have been some of our wildest ever. Our inventory levels have continued to hover at around half of what is considered normal, so the year started slowly because buyers wanted more choices. In January and […]
May 28, 2015
Renting Can Make Sense There are a lot of smart, pragmatic reasons for renting a home when you are new to a city. It can be helpful to get the lay of the land, learn the neighborhoods, settle in a bit. Wait to find the perfect house to buy. But, […]
May 19, 2015
How the market looks on Bainbridge Island today: 54 Active or Contingent Residential Listings (versus 248 in 2009) 20 Vacant Homes 0 New Listings 20 Homes Currently Pending 15 Homes sold in April 9 Homes sold this month so far A seller’s market indeed!
April 22, 2015
Catching Up We actually considered re-posting the 2014 1st Quarter in Review for this issue, because that’s how similar this year’s start has been to last year’s. In truth, though, it would not have been completely accurate because we like to think of 2015 as “2014 Plus.” The year got […]
January 19, 2015
A Market Regains its Momentum Inventory Continues to Drive the Island Market All in all, 2014 has to be viewed as a very good year for the Bainbridge real estate market. The primary challenge of the year was a lack of inventory, which meant that buyers had too few […]
October 24, 2014
Boomtown Across the Water Seattle is booming. Our urban neighbor has many thriving employers (including Boeing, which sometimes gets characterized as a “bad corporate citizen” but it’s still a company that brings lots of business and jobs to our region!), herds of building cranes downtown, and is frequently included on […]
July 31, 2014
A Familiar Melody We have been lamenting our lack of inventory for a considerable time (which makes us feel a bit like a broken record) and that same tune was replayed during the first half of this year. January-June 2014 served as a textbook example of the effects of low […]